Turkiye Vakiflar Bankasi Turk Anonim OrtakligiBIST: VAKBN

TWF Authorises Sale Of 152 Mln Shares In Vakifbank

· Issued by Turkiye Vakiflar Bankasi Turk Anonim Ortakligi
  • TWF (TURKIYE VARLIK FONU) SAID ON TUESDAY IT AUTHORISES SALE OF 152 MLN SHARES IN COMPANY

  • SHARES CORRESPOND TO 1.53% OF VAKIFBANK'S CAPITAL

  • IN THE EVENT OF ALL SHARES BEING SOLD, USING ACCELARATED BOOKBUILDING METHOD, TWF'S DIRECT SHAREHOLDING IN VAKIFBANK WILL DECREASE FROM 74.79% TO 73.26%

  • MERRILL LYNCH INTERNATIONAL WILL ACT AS BOOKRUNNER

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